Cheap Car Insurance in Meridian, MS, Starting at $35 (2024)

Conveniently located on I-59/20, Meridian is known as the Queen City due to its rich history, vibrant community, and thriving economy. Meridian drivers pay slightly more for car insurance than the state average, possibly due to the fact that its motor vehicle theft numbers are higher than those in nearby Mississippi cities.^[1]

The average cost of car insurance in Meridian is $71 per month for liability insurance and $197 per month for full coverage. Fortunately, many reputable car insurance companies offer affordable policies in Meridian, so comparing rates could help drivers find affordable coverage.

Cheapest car insurance companies in Meridian

To zero in on the right car insurance policy in Meridian, consider your budget, driving record, and personal needs. Here are a few of the best car insurance companies in Meridian to help you start your search for the right coverage.

Best insurer for young drivers: Progressive

Best insurer for military members and veterans: USAA

Best insurer for high-risk drivers: Bristol West

How to get the cheapest car insurance in Meridian

It takes time and effort to find cheap car insurance rates in Meridian. You’ll need to shop around, get free quotes, and compare your coverage options at different car insurance companies. Here are a few other tips that can help you find affordable coverage:

• Look for discounts. Most of the top car insurance companies offer various discounts that can lower your car insurance costs. Visit an insurance carrier’s website or consult an insurance agent to learn about which discounts you might qualify for.

• Take a defensive driving course. Some insurers reward drivers who complete an approved defensive driving course with lower premiums. You might be able to take a course online and get a cheaper rate.

• Bundle insurance. If you combine your car insurance with homeowners insurance, renters insurance, life insurance, or another type of insurance, you can potentially save some money on your auto insurance premiums.

• Drive responsibly. A driving record with incidents like speeding tickets and DUIs can lead to higher car insurance rates. Drive safely and maintain a clean driving record so you can score the best deal.

Cheapest liability-only car insurance in Meridian: State Farm

Mississippi law requires drivers to purchase and maintain liability car insurance. This type of policy helps pay for the other driver’s property damage and medical expenses after an at-fault accident. Because of its limited coverage, liability-only coverage is often the cheapest car insurance available.

The cheapest insurer for liability-only car insurance in Meridian is State Farm, with rates of $35 per month.

Here’s a look at the cheapest average quotes for liability-only auto policies in Meridian.

Cheapest full-coverage car insurance in Meridian: State Farm

Full-coverage car insurance is optional in Meridian and usually includes liability, collision, and comprehensive insurance. It covers more situations and incidents, so it’s usually more expensive than a liability-only policy.

If you finance or lease your car, your lender or lessor may require full-coverage car insurance to protect against financial losses from vehicle damages.

The average cost of full coverage in Meridian is $197 per month, but you may find cheaper rates with the insurance companies in the table below.

Car insurance requirements in Mississippi

Mississippi is an at-fault, or tort, state, meaning the driver who causes a car accident is responsible for paying for the damages and medical bills of the other involved parties, typically through their liability auto policy. Drivers in Meridian must show proof of insurance to avoid fines and other consequences.

Here are Mississippi’s minimum car insurance requirements:^[3]

While liability-only insurance is the cheapest option, you might benefit from optional car insurance to protect you financially in different situations. Here are several policies you might want to explore for more protection as a driver in Meridian:

• 

  Comprehensive coverage

  Comprehensive coverage may apply after your vehicle gets damaged in non-collision events, like theft, vandalism, and fire.

• 

  Collision coverage

  Collision coverage pays to repair or replace your vehicle if you’re involved in an accident with another driver or stationary object, regardless of fault.

• 

  Uninsured/underinsured motorist coverage

  Uninsured and underinsured motorist coverage can save you from high out-of-pocket costs if a driver without car insurance or with insufficient coverage hits you.

• 

  Rental car reimbursem*nt

  If you can’t drive your vehicle because it needs repairs after a car accident, rental car reimbursem*nt may pay for a rental car so you can get around.

• 

  Roadside assistance

  Roadside assistance helps pay for emergency services, such as flat tire replacement, fuel delivery, and towing.

Cheapest car insurance for drivers with an incident

A few examples of incidents that can make you a high-risk driver and increase your car insurance rates are at-fault accidents, speeding tickets, and driving under the influence (DUI) convictions. Meridian drivers with clean records usually pay the lowest premiums because car insurance companies view them as less risky.

Here’s an overview of the average cost of car insurance in Meridian, based on driving history.

Cheapest car insurance for drivers with a speeding ticket

Speeding can impair your ability to react quickly and avoid accidents. That’s why Meridian drivers with speeding tickets face higher car insurance costs. The overall average cost of car insurance in the city for drivers with a speeding ticket is $204 per month.

The table below shows the cheapest liability-only auto policies for Meridian residents with speeding tickets.

Cheapest car insurance for drivers with an at-fault accident

In 2021, Mississippi reported 772 car accident fatalities.^[4] If you cause a car accident, car insurance companies view you as a greater risk on the road and likely charge you more expensive premiums.

The total average cost of car insurance for drivers with an at-fault accident in Meridian is $212 per month, but you may be able to find cheap liability rates with the companies in the table below.

Cheapest car insurance for drivers with a DUI

Mississippi reported 6,665 DUI arrests in 2021.^[5] The Magnolia State takes DUIs very seriously and imposes consequences like costly fines and jail time. A DUI can also increase car insurance rates and require an SR-22 insurance form.

On average, drivers with a DUI pay $61 per month for liability car insurance in Meridian.

The table below shows the cheapest liability-only car insurance rates for drivers with a DUI in Meridian.

Cheapest car insurance for seniors

Because senior drivers have higher fatality rates in car accidents than younger drivers, their car insurance premiums tend to be more expensive.^[6] Average rates typically decrease at age 35 and increase a bit again around age 70, but seniors still typically have lower-than-average rates at $99 per month in Meridian.

Senior drivers may be able to find cheap car insurance rates in Meridian with the companies in the table below.

Cheapest car insurance for teens

Due to their limited experience and knowledge while behind the wheel, teens and young drivers in Meridian tend to pay higher car insurance rates. On average, they pay $283 per month for car insurance in the city. However, they can save on a policy by staying on their parent’s auto policy and taking advantage of a good student discount.

This table shows the cheapest car insurance for teen drivers in Meridian.

Meridian car insurance quotes by credit tier

Unlike some states, Mississippi allows car insurance companies to consider credit when underwriting policies and determining rates.^[7] Because insurers believe drivers with good and excellent credit are less likely to file claims, they often offer them the lowest premiums.

A Meridian driver with excellent credit will pay an average of $170 per month, while someone with poor credit can expect an average of $302 per month.

Is car insurance more expensive in Meridian?

Car insurance premiums for full-coverage policies in Meridian are a bit higher than the national average. It’s important to understand that rates can vary by ZIP code and city within Mississippi as a result of differences in population, crime rates, weather conditions, and other factors. For example, the average cost of car insurance is cheaper in Meridian than in Jackson.

More cities in Mississippi

Here’s a look at the average quotes for full-coverage car insurance in Meridian compared to other cities in Mississippi.

Meridian car insurance FAQs

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

• Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
• Property damage limits between $10,000 and $50,000
• No additional coverage

Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:

• Comprehensive coverage with a $1,000 deductible
• Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

1. Federal Bureau of Investigation. "Crime Data Explorer."
2. Insurance Institute for Highway Safety. "State by state."
3. Mississippi Department of Insurance. "Auto Insurance."
4. III. "Facts + Statistics: Highway safety."
5. Mississippi Office of Highway Safety. "Annual Report Federal Fiscal Year 2021."
6. Insurance Institute for Highway Safety. "Fatality Facts 2021: Older people."
7. Mississippi Insurance Department. "Credit Scoring: How Does It Affect You?."

Anna Baluch is a Cleveland-based personal finance and insurance expert. With an MBA from Roosevelt University, she enjoys writing educational content that helps people make smart financial decisions. Her work can be seen across the internet on many publications, including Freedom Debt Relief, Credit Karma, RateGenius, and the Balance. Connect with Anna on LinkedIn.